In this report, Technavio highlights the growing concept of Industry 4.0
as one of the key emerging trends in the global photo detector market.
With the increasing automation of processes, the industrial environment
is witnessing evolutionary changes. The combination of digital and
physical systems enables machine-to-machine (M2M) communication and
enhances the human-machine interface (HMI). Industry 4.0 includes the
entire product lifecycle, including smart machinery carrying out
manufacturing processes, smart robots assembling products, and smart
driverless transport operating logistics processes on their own.

Photo detectors are being implemented in smart machinery, smart robots,
and smart driverless transport which comprises of multiple sensors and
cameras. Players in the market are manufacturing photo detectors that
are ready for application in Industry 4.0.

In this report, Technavio analysts highlight the growth of consumer
electronics market as a key factor contributing to the growth of the global
photo detector market:

Growth of consumer electronics market

Photo detectors are used in several consumer electronics devices,
including smartphones, optical disk drives, tablets, digital
televisions, digital cameras, webcams, and compact disk players. In
consumer electronics devices, photo detectors such as ambient light
sensors, are used for adjusting the screen brightness. To increase the
performance of end products, OEMs are integrating multiple sensors in a
single device. Multiple photo detectors are used by smartphones for
adjusting the brightness of the display and camera. Smartphone cameras
use complementary metal–oxide–semiconductor (CMOS) image sensors that
have photo detectors. The increase in the number of photo detectors
results in a rise in the number of pixels. The most commonly used
sensors in smartphones are CMOS image sensors.

According to a senior analyst at Technavio for semiconductor
equipment, “Smartphone manufacturers are racing to enhance
the quality of their phone cameras in terms of build and quality, owing
to the intense competition in the market. This will enable an increase
in the integration of photo detectors in cameras. Several smartphone
players such as Huawei Technologies, Apple, Samsung, LG Electronics,
OnePlus, OPPO and Vivo Communication Technology have started providing
dual cameras on the back of their smartphones.”

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Global photo detector market segmentation

This market research report segments the global
photo detector market into the following products (photon
detectors and thermal detectors), end-users (consumer electronics,
industrial equipment, aerospace and defense, and automobile) and key
regions (the Americas, APAC, and EMEA).

Of the four major end-users, the consumer electronics segment held the
largest market share in 2017, accounting for nearly 42% of the market.
The market share for this end-user is expected to decrease by 2022. The
fastest growing end-user is industrial equipment, which will account for
nearly 40% of the total market share by 2022.

The Americas was the leading region for the global photo detector market
in 2017, accounting for a market share of nearly 42%. By 2022, APAC is
expected to witness the highest growth rate of nearly 2%.

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